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Cavendish expects revenue to jump 41% as UK dealmaking ticks up

The investment bank has cut costs since forming in September through the merger of Cenkos and FinnCap

London’s key markets have been sluggish for years, but are starting to show signs of improvement
London’s key markets have been sluggish for years, but are starting to show signs of improvement Photo: Mike Kemp/Getty Images

Cavendish, the investment bank launched last year amid a surge in broker mergers, is set to increase revenue by around 40% over the past six months as UK dealmaking improves.

The bank formed by the merger of FinnCap and Cenkos said it is set to report “no less” than £27.5m in revenue for the six months to 30 September, an increase of 41%.

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